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Brown Cafe UPS Forum
UPS Retirement Topics
Is it time to lock in 401k gains?
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<blockquote data-quote="satellitedriver" data-source="post: 817537" data-attributes="member: 1664"><p><strong><span style="color: darkgreen">First off, do not take my advice, as financial advice.</span></strong></p><p><strong><span style="color: darkgreen">If you are willing to play in the market you must be willing to lose 50% of what you have invested.</span></strong></p><p><strong><span style="color: darkgreen">That is a real harsh reality.</span></strong></p><p><strong><span style="color: darkgreen">If any of the money you have will be needed in the next 5 to 7yrs, it should not be in the open market.</span></strong></p><p><strong><span style="color: darkgreen">When others are selling, it is the perfect time to buy.</span></strong></p><p><strong><span style="color: darkgreen">Presently, my portfolio is 65% invested in the market and 35% in fluid money waiting on buying opportunities.</span></strong></p><p><strong><span style="color: darkgreen">Always have a 6 month cash reserve before investing.</span></strong></p><p><strong><span style="color: darkgreen">All the financial stuff aside, spend some money on improving and enjoying your daily life, within measure.</span></strong></p><p><strong><span style="color: darkgreen">Rich, or poor, everyman takes the same amount of money into his grave.</span></strong></p><p><strong><span style="color: darkgreen"></span></strong></p><p><strong><span style="color: darkgreen"></span></strong></p></blockquote><p></p>
[QUOTE="satellitedriver, post: 817537, member: 1664"] [B][COLOR=darkgreen]First off, do not take my advice, as financial advice.[/COLOR][/B] [B][COLOR=darkgreen]If you are willing to play in the market you must be willing to lose 50% of what you have invested. That is a real harsh reality. If any of the money you have will be needed in the next 5 to 7yrs, it should not be in the open market. When others are selling, it is the perfect time to buy. Presently, my portfolio is 65% invested in the market and 35% in fluid money waiting on buying opportunities. Always have a 6 month cash reserve before investing. All the financial stuff aside, spend some money on improving and enjoying your daily life, within measure. Rich, or poor, everyman takes the same amount of money into his grave. [/COLOR][/B] [/QUOTE]
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Is it time to lock in 401k gains?
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